The banking industry is worried by Facebook’s announcement about issuing their own cryptocurrency last month. France is going to establish a G7 task force to study how banks can ensure regulations of such digital currency to prevent its usage for money laundering and other illegal activities.
Italy has been trying to keep pace with technological progress. That is probably the most obvious reason for the country’s government to support the development of blockchain, IoT, AR/VR and other innovative technologies.
On the last day of autumn, November 30, Belarus announced legal regulations for crypto-related businesses. All companies that are residents of the Belarus High Technology Park have received the regulator’s support.
One of the core ideas of cryptocurrency is anonymity. The creator of bitcoin, Satoshi Nakamoto, is still the biggest mystery in the industry, as he (or she, or they) decided to hide his (or her, or their) true identity. That’s why there are cases where top leaders in the crypto community use nicknames, even if they run cryptocurrency exchanges. Is this ethical?